Ontario · Receivership (court-appointed)
Fourth Report of the Receiver dated June 21, 2026
Court officer report · 21 June 2026
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What we verified from this filing6 verified
- report date21 June 2026
- report noFourth Report
- operational summarySince the Third Report, the Receiver's activities included corresponding with Laminar, CII and their counsel regarding the Transaction; dealing extensively with engineering and City of Windsor representatives regarding construction/fire watch permits and their transfer to CII; reconciling rent and disbursements; attending to all matters related to closing of the Transaction (including settlement of Construction Lien Claims, issuing the Receiver's Closing Certificate, and providing closing notices); making all Distributions to Laminar and Construction Lien Claimants; assisting with discontinuance of lien proceedings; arranging maintenance and security of the Real Property; corresponding with CRA regarding HST accounts and the CRA Claim; maintaining the Case Website; and preparing this Fourth Report.
- cash on handamount: 995135.08 · currency: CAD
- professional feesnote: excluding disbursements and HST · party: Receiver (AlixPartners) · amount: 75855 · period: 2026-03-01 to 2026-05-31 · currency: CAD; note: excluding disbursements and HST · party: Goodmans LLP (Receiver's counsel) · amount: 262995.5 · period: 2026-03-01 to 2026-06-12 · currency: CAD; note: accrual including taxes and disbursements to cover additional fees expected until completion of proceedings · party: Fee Accrual · amount: 100000 · currency: CAD
- fee scheduleengagements: form: time_summary · rows: Noah Goldstein; Murtaza Tallat; Martin Kosic; fees: 1831.25 · role: Administrative · hours: 7.5 · quote: Admin and other | Administrative | | 7.50 | 1,831.25 · row kind: bucket · rate kind: standard · name as stated: Admin and other · money: fees: quote: Total Fees | | | | 44,881.25 · amount: 44881.25 · total: quote: Total fees and disbursements per attached time summary | $ 44 , 979 . 90 · amount: 44979.9 · includes tax: false · includes disbursements: true · approximate: false · disbursements: quote: Disbursements | | | | 98.65 · amount: 98.65 · period: end: 2026-03-31 · kind: invoice · quote: For the Period March 1 - March 31, 2026 · start: 2026-03-01 · approval: state: unstated · averages: · currency: · invoices: · firm text: KSV Restructuring Inc. · firm quote: KSV Restructuring Inc. · context quote: For professional services rendered from April 1, 2026 to April 14, 2026 by KSV Restructuring Inc. in its capacity as receiver and manager of the Company (the 'Receiver'); form: time_summary · rows: Noah Goldstein; Martin Kosic · money: tax: label: HST · quote: HST | 1,748.50 · amount: 1748.5 · fees: quote: Total Fees | | | | 13,450.00 · amount: 13450 · total: quote: Total fees and disbursements per attached time summary | $ 13,450.00 · amount: 13450 · includes tax: false · includes disbursements: true · approximate: false · disbursements: quote: Disbursements | | | | - · amount: 0 · period: end: 2026-04-14 · kind: invoice · quote: For the Period April 1 - April 14, 2026 · start: 2026-04-01 · approval: state: unstated · averages: · currency: · invoices: · firm text: KSV Restructuring Inc. · firm quote: KSV Restructuring Inc. · context quote: For professional services rendered from April 15, 2026 to April 30, 2026 by KSV Restructuring Inc. in its capacity as receiver and manager of the Company (the 'Receiver'); form: time_summary · rows: Noah Goldstein; Murtaza Tallat; Martin Kosic; fees: 1391 · role: Administrative · hours: 5.8 · quote: Admin and other | Administrative | | 5.80 | 1,391.00 · row kind: bucket · rate kind: standard · name as stated: Admin and other · money: tax: label: HST · quote: HST | 1,565.97 · amount: 1565.97 · fees: quote: Total Fees | | | | 12,043.50 · amount: 12043.5 · total: quote: Total fees and disbursements per attached time summary | $ 12,045.96 · amount: 12045.96 · includes tax: false · includes disbursements: true · approximate: false · disbursements: quote: Disbursements | | | | 2.46 · amount: 2.46 · period: end: 2026-04-30 · kind: invoice · quote: For the Period April 15 - April 30, 2026 · start: 2026-04-15 · approval: state: unstated · averages: · currency: · invoices: · firm text: KSV Restructuring Inc. · firm quote: KSV Restructuring Inc. · context quote: 1 Effective June 1, 2026, AlixPartners Restructuring, Inc. was substituted in place of KSV Restructuring Inc. as Court Officer in these proceedings; form: time_summary · rows: Noah Goldstein; Murtaza Tallat; Martin Kosic; fees: 510.25 · role: Administrative · hours: 2.15 · quote: Admin and other | Administrative | | 2.15 | 510.25 · row kind: bucket · rate kind: standard · name as stated: Admin and other · money: tax: label: HST · quote: HST | 712.75 · amount: 712.75 · fees: quote: Total Fees | | | | 5,480.25 · amount: 5480.25 · total: quote: Total fees per attached time summary | $ 5,482.71 · amount: 5482.71 · includes tax: false · includes disbursements: true · approximate: false · disbursements: quote: Disbursements (postage) | | | | 2.46 · amount: 2.46 · period: end: 2026-05-31 · kind: invoice · quote: For the Period May 1 - May 31, 2026 · start: 2026-05-01 · approval: state: unstated · averages: · currency: · invoices: · firm text: AlixPartners Restructuring, Inc. · firm quote: AlixPartners Restructuring Inc. · context quote: For professional services rendered by AlixPartners Restructuring, Inc. 1 for the period ending capacity as receiver and manager of the Company (the ' Receiver '); form: level_summary · rows: Noah Goldstein; Murtaza Tallat; Martin Kosic; fees: 3732.5 · hours: 15.45 · quote: Other staff and administrative | | | 15.45 | 175-240 | 3,732.50 · rate max: 240 · rate min: 175 · row kind: bucket · rate kind: range · name as stated: Other staff and administrative · money: fees: quote: Total fees | | | 123.30 | | 75,855.00 · amount: 75855 · total: quote: Total | | | | | 75,958.57 · amount: 75958.57 · includes tax: false · includes disbursements: true · approximate: false · disbursements: quote: Disbursements | | | | | 103.57 · amount: 103.57 · period: end: 2026-05-31 · kind: cumulative · quote: For the Period from March 1, 2026 to May 31, 2026 · start: 2026-03-01 · approval: state: unstated · averages: rate: 615.21 · quote: Average hourly rate | | | | | 615.21 $ · currency: · invoices: · hours total: quote: Total hours | | | | | 123.30 · value: 123.3 · context quote: I am a Partner and Managing Director of AlixPartners Restructuring, Inc. (' AlixPartners ' formerly KSV Restructuring Inc. · firm unverified: true; form: invoice_listing · rows: Josh Sloan; Chris Armstrong; Ken Herlin; Chloe Bechard; Gloria Lauzon; Tamryn Jacobson; Chris Baxter; Ian Andres; Christina D'Aversa; Joe Cosentino; Basia Paterkowski; rate: 140 · hours: 1.5 · quote: Word Processing | | $140.00 | 1.5 · title: Word Processing · row kind: bucket · rate kind: standard · name as stated: Word Processing · money: tax: label: Taxes · quote: TOTAL | TOTAL | 262,995.50 | 1,658.25 | 34,360.93 | 299,014.68 · amount: 34360.93 · fees: quote: TOTAL | TOTAL | 262,995.50 | 1,658.25 | 34,360.93 | 299,014.68 · amount: 262995.5 · total: quote: TOTAL | TOTAL | 262,995.50 | 1,658.25 | 34,360.93 | 299,014.68 · amount: 299014.68 · includes tax: true · includes disbursements: true · approximate: false · disbursements: quote: TOTAL | TOTAL | 262,995.50 | 1,658.25 | 34,360.93 | 299,014.68 · amount: 1658.25 · period: kind: cumulative · label: the Applicable Period · quote: Summary of Goodmans LLP Accounts for the Applicable Period · approval: state: unstated · averages: rate: 896.07 · quote: Average Hourly Rate ($ Billed / Hours Billed) | 896.07 · scope: weighted average for the entire billing period · currency: · invoices: tax: 19772.29 · date: 2026-03-25 · fees: 151473.5 · quote: March 25, 2026 | March 01, 2026 to March 24, 2026 | 151,473.50 | 621.00 | 19,772.29 | 171,866.79 · total: 171866.79 · period end: 2026-03-24 · period start: 2026-03-01 · disbursements: 621; tax: 7993.95 · date: 2026-04-13 · fees: 61446.5 · quote: April 13, 2026 | March 23, 2026 to April 12, 2026 | 61,446.50 | 384.40 | 7,993.95 | 69,824.85 · total: 69824.85 · period end: 2026-04-12 · period start: 2026-03-23 · disbursements: 384.4; tax: 3028.78 · date: 2026-04-21 · fees: 23155 · quote: April 21, 2026 | April 13, 2026 to April 15, 2026 | 23,155.00 | 143.30 | 3,028.78 | 26,327.08 · total: 26327.08 · period end: 2026-04-15 · period start: 2026-04-13 · disbursements: 143.3; tax: 1654.14 · date: 2026-06-03 · fees: 12375 · quote: June 3, 2026 | April 15, 2026 to May 28, 2026 | 12,375.00 | 349.15 | 1,654.14 | 14,378.29 · total: 14378.29 · period end: 2026-05-28 · period start: 2026-04-15 · disbursements: 349.15; tax: 1911.77 · date: 2026-06-16 · fees: 14545.5 · quote: June 16, 2026 | June 01, 2026 to June 12, 2026 | 14,545.50 | 160.40 | 1,911.77 | 16,617.67 · total: 16617.67 · period end: 2026-06-12 · period start: 2026-06-01 · disbursements: 160.4 · firm text: Goodmans LLP · firm quote: Summary of Goodmans LLP Accounts for the Applicable Period AlixPartners Advisory, Inc. · hours total: quote: Total Hours | Total Hours | Total Hours | 293.5 · value: 293.5 · context quote: As shown in the summary, Goodmans expended a total of 293.5 hours, at an average hourly rate of $896.07, in connection with this matter during the Relevant Period, giving rise to fees totalling $262,995.50, together with costs and taxes in the amount of $36,019.18, totaling $299,014.68.